Cardiff Lexington Corp (CDIX): If you read into this 10K, it also state...

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Cardiff Lexington Corp (CDIX)

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Re: ConstructionKing post# 34707

Wednesday, 04/15/2020 4:07:54 PM

Wednesday, April 15, 2020 4:07:54 PM

If you read into this 10K, it also stated that if it doesn't come up with 20M in revenue this year it will have to default. Knowing that many of CDIX subsidiaries are going to struggle this year with the shutdowns, they will not get 20M in revenue. They will have to dilute in order to get more cash for operations and CEO's ridiculous $20K/month salary, the only option left right now is for another R/S. I highly doubt they will close on any deal with anyone anytime soon.

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Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 01:50:17 PM
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